Kuraray (OTCMKTS:KURRY) Releases Quarterly Earnings Results

Key Points

• Kuraray reported a quarterly earnings per share (EPS) of $0.04, with a return on equity of 6.66% and a net margin of 2.69%.
• The company's stock traded down to $31.82, with a 12-month high of $47.28 and a market cap of $3.45 billion.
• Kuraray specializes in the production of resins, chemicals, fibers, and membranes for various applications worldwide.

Kuraray (OTCMKTS:KURRY - Get Free Report) issued its earnings results on Friday. The company reported $0.04 EPS for the quarter, Zacks reports. The company had revenue of $1.42 billion during the quarter. Kuraray had a return on equity of 5.41% and a net margin of 1.90%.

Kuraray Stock Up 0.7%

Shares of KURRY traded up $0.23 during trading hours on Wednesday, hitting $32.05. The stock had a trading volume of 208 shares, compared to its average volume of 107. The company has a debt-to-equity ratio of 0.25, a current ratio of 2.75 and a quick ratio of 1.45. The firm has a 50 day simple moving average of $36.56 and a 200-day simple moving average of $36.96. The firm has a market capitalization of $3.47 billion, a P/E ratio of 32.70 and a beta of 0.08. Kuraray has a 1-year low of $30.01 and a 1-year high of $47.28.

Kuraray Company Profile

Kuraray Co, Ltd. engages in the production and sale of resins, chemicals, fibers, activated carbon, and high-performance membranes and systems worldwide. The Vinyl Acetate segment manufactures and markets functional resins and films, including PVA, PVB and EVAL. The Isoprene segment engages in the manufacture and marketing of SEPTON thermoplastic elastomer, isoprene-related products, and GENESTAR.